Boral Limited announced it has entered an agreement with a subsidiary of Westlake Chemical Corporation to sell its North American Building Products business for $2.15 billion.
Houston-based Westlake is a manufacturer of packaging and healthcare products as well as automotive and consumer goods and building and construction products. Boral’s North American building products businesses employ approximately 4,600 employees at 29 manufacturing sites in the U.S. and Mexico. Boral’s building products businesses generated revenues in excess of $1 billion in 2020.